Automatically translated from Basque, translation may contain errors. More information here. Elhuyarren itzultzaile automatikoaren logoa

Lehman Brothers failed in the United States and provoked a strong international economic crisis

16
years ago

15 September 2008,

The multinational Lehman Brothers failed in EE.UU. And the chain of bankruptcy throughout the financial system caused the most violent, initially financial crisis to spread to the whole world, which soon struck the entire economy. The management of this crisis has deepened the gap between the poor and the rich in most places: governments mobilized huge sums to rescue banks and, in return, greatly cut workers’ rights and citizens’ social services. .

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